Dollar Pauses For Breath.

• Sterling up against dollar.
• Euro gains against sterling and dollar.
• Dollar has a setback.
• Oil’s descent continues.

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Categories: commodities.


Sterling and Dollar Standout.

• Sterling holds its own against strong dollar
• Euro takes a breather from the spotlight
• Market anticipates September U.S. rate rise.
• Oil falls.

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Categories: commodities.


Dollar Rises vs Majors After FOMC

Sterling continues to rise versus euro but cable falters
Euro remains offered as Athens deal will take time to agree aid package
US currency pushed higher by slightly hawkish FOMC statement
Gold dips as September’s rate-hike possibility in the game

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Categories: Market Commentary.


GBP edges higher against U.S. Dollar after U.K. GDP report

• U.K. companies spooked by Euro Crisis diversify trade, poll says
• EUR/USD falls mildly as traders focus on Fed meeting, fresh Greek talks
• Dollar pares gains after Confidence Report and keeps strong before FOMC
• NZD/USD rises to 2-week highs, but gains capped; Aussie falls.

Categories: Market Commentary.


Sterling slips to two-week low against resurgent euro.

• Pound continues its 10-day decline against euro
• Euro gets boost from euro-zone growth data
• Dollar rises ahead of Fed meeting
• NZ Dollar gains as Beijing tries to support stocks

Categories: Market Commentary.


Global Markets Splutter.

• Sterling weakens against dollar.
• EUR/USD has a winning week.
• Dollar broadly higher.
• Asian shares start week on the back foot.

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Categories: commodities.


Sterling see-saws after BoE minutes.

• BoE Minutes fail to take the shine off sterling
• Greece approves EU demands in order to keep euro
• Dollar crawls off lows
• Kiwi rallies after rate cut

Categories: Market Commentary.


Euro Stages Comeback Against Majors

BoE Governor comments confuse market as sterling slides
S + P upgrades Greece as single currency recovers losses
Weakness in US stocks, rebound in Treasury’s see’s dollar lower
Aussie dollar under pressure as RBA’s Stevens says rate cut on table

Categories: Market Commentary.


UK Rate hike bets keep Sterling close to 7-1/2 year highs.

• Sterling stronger on BoE comments
• Economists warn that Grexit will be back on the agenda next year
• Dollar rises broadly on Fed Bullard’s rate hike comments
• Kiwi dollar gains as RBA notes show easing bias

Categories: Market Commentary.


Dollar Bolstered by U.S. Rate Rise Hope

• Sterling momentum eases.
• Euro holds steady. Greek banks due to re-open
• Dollar hits three month highs.
• Aussie dollar sets new lows.

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Categories: commodities.